Commerce Office Space

Commerce

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,780
As of: December 2, 2016

Commerce Rates

On average, listings lease in the $30's per square foot per year. The Commerce region is going through a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Commerce submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Commerce Listing Supply

In the last 90 days, 3 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,780 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1967 and are Class A.

Commerce Community

A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the occupants of Commerce work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Commerce.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Commerce.
Research

Commerce Submarkets